Governor Kathy Hochul today announced the 19 finalists for 43North’s seventh annual startup competition. The finalists will come to Buffalo later this month to pitch one of eight investments totaling $ 5 million, including a $ 1 million top prize. These startups hail from the United States, as well as Canada and the United Kingdom, and cover a wide range of industries, from clinical trials and fintech services, to sustainable agriculture, artificial intelligence and tools. General public.
“Buffalo has a rich history of innovation, and 43North continues that tradition by attracting some of the world’s most exciting startups to the region,” Governor Hochul said. “The confluence of technology and talent is driving remarkable economic growth, and we look forward to seeing this year’s finalists compete to be part of that transformation.”
The finalists were announced live by Kevin Siskar, vice president of portfolio and selection at 43North, who led the due diligence process with more than 60 judges who reviewed the nominations, met with the founders and made recommendations on the selection.
43North President Colleen E. Heidinger said: âThis is an exciting step in the search for our seventh cohort. Now all eyes are on the 43North final as we prepare to welcome these founders and a number of other guests to Buffalo Plus. late this month for what promises to be a momentous event, nobody is returning to Shea’s Theater. “
Participants at this year’s 43North Finals event will cheer on a new generation of competitors vying for a spot in the 43North portfolio and meet new judges. In addition to a major investment of $ 1 million and seven prizes of $ 500,000, winners receive free space in 43North’s new incubator at Seneca One Tower, guidance from mentors experienced in their field, and access. other business incentive programs.
Over the past seven years, 43North has invested in a diverse portfolio of 51 companies, 31% of which are founders of color and 23% are women. Almost half of these companies maintained a physical presence in the queen city, creating more than 800 local jobs. Among the ranks is tech unicorn ACV Auctions, which took 43North to new heights as the first publicly traded holding company, following an IPO on March 24, 2021.
43Nord Council President Eric Reich said: âThe impact of this competition is undeniable: 43North’s portfolio companies have raised over $ 1 billion, with collective valuations of nearly $ 6 billion. By investing in leading companies, we are bringing the best talent and jobs to the region, supporting their growth, and fueling an economic resurgence in western New York. “
43North Finals is free, but registration is required and places will be available on a first come, first served basis. Free tickets to the 43North Finals on October 28 at 6 p.m. ET at Shea’s Performing Arts Center can be booked at 43North.org.
The 43Nord 2021 finalists are:
Akala – Beverly Hills, California
Akala is a university admissions platform that provides personalized advice to students from the 8th year onwards, in order to optimize their university applications.
BetterMynd – Buffalo, New York State
BetterMynd is an online therapy platform that partners directly with universities to provide their students with access to a diverse network of licensed mental health counselors with the privacy and convenience of their laptops and mobile devices.
Large wheelbarrow -Austin, Texas
Big Wheelbarrow is a software as a service platform that enables food distributors and grocers to manage supply chains to meet consumer demand for local food cost-effectively, efficiently and safely.
BotFactory – New York, NY
BotFactory’s 3D printer uses conductive ink to allow anyone to prototype circuit boards in minutes instead of weeks.
Cheelcare -Richmond Hill, Canada
Cheelcare’s 3 ranges of mobility devices turn any manual wheelchair into a power wheelchair increasing user independence and comfort while preventing shoulder pain typically caused by lifelong use of a wheelchair .
FLOX – London, United Kingdom
FLOX’s artificial vision technology enables well-being agriculture; enabling poultry farm owners to improve the health and welfare of chickens, while operating in a more ethical, profitable and sustainable manner.
Infiuss Health – San JosÃ©, California
Infiuss Health powers remote clinical research / trials with its software-as-a-service platform, connecting clinical researchers in the US and EU with participating patients in Africa.
Kapitalwise – New York, NY
Kapitalwise’s microinvestment platform helps financial institutions pilot and deploy financial wellness tools for their existing clients, such as calculators, content, and models.
Kilter – Madison, WI
Kilter is a mobile platform that enables people to turn their daily activities into opportunities to generate charitable donations for their favorite cause while creating a culture and community to make a global impact.
Laundromat – Mansion, Texas
Laundris is a software as a service (SaaS) platform that helps hotels optimize and streamline laundry management, reducing expenses and operating costs by up to 40%.
Metabob, Inc. – Mountain view, California
Metabob is an AI-assisted tool that cuts debugging in half by examining Python code for hidden errors and performance slumps.
Ognomy – Williamsville, New York
Ognomy’s HIPAA-compliant telemedicine platform helps people get tested, diagnosed and treated for sleep apnea in the comfort of their own homes.
Ontopical Inc. -Calgary, Canada
Ontopical uses machine learning and natural language processing to monitor local governments to help clients get extremely valuable signals about upcoming contract opportunities and policy-related business risks.
ShearShare, Inc. – McKinney, Texas
ShearShare is a business-to-business (B2B) mobile platform that helps salon owners generate additional income by filling empty salon chairs on-demand, matching salon / salon owners with professionals. beauty approved.
Tequity, LLC – Kalamazoo, Michigan
Tequity’s platform offers its clients a code-free solution to build and deploy a successful mobile application in a fraction of the time.
Top Seedz – Buffalo, New York State
Top Seedz produces artisan crackers and toasted seeds packed with nutrients and flavors using the simplest ingredients provided by nature.
VeriTX Corp – Aurora East, NY
VeriTX is a digital schematics marketplace serving supply chain solutions to customers in the aerospace, medical and industrial markets.
Verivend – Buffalo, New York State
Verivend offers the fastest way available to pay and get paid, enabling businesses to deal with all customers and suppliers and a digital wallet fueling instant B2B and business-to-consumer (B2C) payments.
Interactive Zealot – Arlington, Texas
The best way to learn guitar, Zealot’s app offers augmented reality video lessons for real musical instruments paired with cutting edge equipment.
43North is an acceleration program that hosts an annual startup competition, investing $ 5 million per year to attract and cultivate high-growth companies in Buffalo, NY. 43North portfolio companies also receive free incubation space in Buffalo for one year, mentor advice in related areas, and access to other business incentive programs such as START-UP NY. 43North operates with the support of Governor Kathy Hochul, Empire State Development, the Ralph C. Wilson, Jr. Foundation and several other sponsors. For more information on 43North, visit www.43north.org.